Azerbaijan-based banks see 2% decline in loan portfolio

Azerbaijan-based banks see 2% decline in loan portfolio
# 30 December 2016 14:33 (UTC +04:00)

As of December 1, 2016, Azerbaijan-based banks’ loan portfolio stood at AZN 15,771.1 million.

 

According to the Financial Markets Supervisory Authority, compared to October the loan portfolio rose AZN 456.8 million or 2.98% in November compared to October, declined AZN 381.4 million or 2.42% compared September.

 

The loan portfolio made up AZN 16,152.5 million in September, AZN 15,314.3 million in October and AZN 15,771.1 million in November.

 

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